Market outlook for this week and today (10-16/8/2026)
1. BTC:
- BTC closed the last two weekend candles with a fairly good upper wick, combined with the candle on Friday (day 6) to set the stage for a pullback today.
- The H4 and H1 candles are showing the standoff between the two sides (buyers and sellers), pushing the market into a multi-timeframe price-noise phase.
- From my personal technical perspective, I lean toward a scenario where BTC undergoes a corrective move toward the 64k zone, and then price may show an inverse reaction to return to the uptrend.
=> I will look for a light Short during the first two days of the week, then look for Long entries on Wednesday, Thursday, and Friday when price forms positive rebound signals (weekly plan as shown in the image).
2. Gold
- The latest gold candle closed strongly higher with a short upper wick, creating the premise for a technical correction after the previous strong up-move.
- The 4H candles have started to ease downward slightly, bringing the price line into a corrective wave.
- From my personal technical perspective, I lean toward a scenario where XAU declines today and then moves sideways when it approaches the 4250 level.
=> I will look for Short setups targeting TP 4250 when there is a good Short signal (weekly plan as shown in the image).
3. Summary: Which short-term scenario plays out will depend on the reaction signals of the candles. Everyone, please prioritize trading based on candle-closing signals rather than trying to guess the top and bottom.
Note: This is not investment advice or a call to invest. Please consider carefully before referring to it.
Wishing everyone a smooth and effective trading week ❤️
#NguoiDongHanh
1. BTC:
- BTC closed the last two weekend candles with a fairly good upper wick, combined with the candle on Friday (day 6) to set the stage for a pullback today.
- The H4 and H1 candles are showing the standoff between the two sides (buyers and sellers), pushing the market into a multi-timeframe price-noise phase.
- From my personal technical perspective, I lean toward a scenario where BTC undergoes a corrective move toward the 64k zone, and then price may show an inverse reaction to return to the uptrend.
=> I will look for a light Short during the first two days of the week, then look for Long entries on Wednesday, Thursday, and Friday when price forms positive rebound signals (weekly plan as shown in the image).
2. Gold
- The latest gold candle closed strongly higher with a short upper wick, creating the premise for a technical correction after the previous strong up-move.
- The 4H candles have started to ease downward slightly, bringing the price line into a corrective wave.
- From my personal technical perspective, I lean toward a scenario where XAU declines today and then moves sideways when it approaches the 4250 level.
=> I will look for Short setups targeting TP 4250 when there is a good Short signal (weekly plan as shown in the image).
3. Summary: Which short-term scenario plays out will depend on the reaction signals of the candles. Everyone, please prioritize trading based on candle-closing signals rather than trying to guess the top and bottom.
Note: This is not investment advice or a call to invest. Please consider carefully before referring to it.
Wishing everyone a smooth and effective trading week ❤️
#NguoiDongHanh